CQN’s financial report for Q1 2025 shows robust growth in revenue and profit compared to the same period last year. Revenue reached 300 billion VND, up 15% from Q1 2024. Pre-tax profit amounted to 50 billion VND, reflecting improved profit margins due to reduced operating costs and costs of goods sold. Key financial ratios, including the debt to equity ratio, remain sound at 0.5 times. Core business operations such as production and service trading continue to perform well, while expansion and infrastructure improvement investments are also underway. However, the company acknowledges some risks from market volatility and increased competitive pressure. Management has implemented measures to tighten cost control and enhance marketing efforts to maintain competitive positioning going forward.
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